2015 Session

Budget Amendments - HB1400 (Floor Approved)

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Long-Term Care Deduction Language (language only)

Item 3-5.19 #1h

Item 3-5.19 #1h

Adjustments and Modifications to Tax Collections
Deduction for Long-Term Health Care Insurance Premiums

Page 517, line 40, after "§ 3-5.19"  strike the remainder of the line and insert "Omitted."
Page 517, strike lines 41 through 43.

(This amendment removes language that would limit the deduction for long-term health care insurance premium payments to 50% of the amount of such payments. Legislation authorizing these changes were not introduced in the House. If legislation introduced in the other body is adopted by the House, the revenues will be reflected at that time, but because there was no House legislation, the language is removed from the House budget.)